'Market Forecasts'

LA South Bay Forecast – August 2010

LA South Bay Forecast – August 2010

Posted on28. Aug, 2010 by .

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Summary of July's Data Home prices based on July''s sold data for Median sales prices are back on its uptrend and Average prices remain on their uptrend. Monthly home prices fluctuate quite a bit for month to month – remember to follow the trend instead.  After better than Average sales volume in June July's volume [...]

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Big Drop in LA County Foreclosures Again

Big Drop in LA County Foreclosures Again

Posted on28. Jul, 2010 by .

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The foreclosure activity for Los Angeles County continues on a down trend. We are showing a peak formed in the first quarter of 2009. This is an extremely reliable timing tool and another confirmation of the bottom in the Real Estate market as projected in the newsletter, LA South Bay Real Estate Forecast and the [...]

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LA South Bay Forecast – July 2010

LA South Bay Forecast – July 2010

Posted on19. Jul, 2010 by .

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Summary of June’s Data June’s sold data has given us some conflicting data. On the positive side sales volume was the highest in four years. That was very refreshing news as sales volume has had a hard time pushing through the average of 502 units per month for quite some time. The Unsold Index remains [...]

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Which is more important; Average Price or Median Price?

Which is more important; Average Price or Median Price?

Posted on18. Jul, 2010 by .

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Median Home Prices vs. Average Home Prices What is more meaningful in analyzing home prices, Median Home Prices or Average Home Prices? The media relies very heavily on Median Prices, almost entirely, Average home prices are rarely mentioned. On the LA South Bay Real Estate blog we include both on the home price graph this [...]

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Mortgage Rates At All time Historical low

Mortgage Rates At All time Historical low

Posted on03. Jul, 2010 by .

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In a press release from today Freddie Mac Federal Home Loan Mortgage Corporation)released the results of its Primary Mortgage Market Survey® (PMMS®) in which “the 30-year fixed-rate mortgage (FRM) averaged 4.58 percent with an average 0.7 point for the week ending July 1, 2010, down from last week when it averaged 4.69 percent. Last year [...]

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Los Angeles South Bay Prices Up 28.1% from Jan. 2009

Los Angeles South Bay Prices Up 28.1% from Jan. 2009

Posted on30. Jun, 2010 by .

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LA South Bay Average Home Prices have sharply in increased since January 2009. As the chart below indicates, since January 2009 Average Home Prices have increased 28.1 % in the LA South Bay. Median home prices have also increased. The Average Home price was $532,358 in January 2009, for May 2010 the Average Home price [...]

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Market Forecast -June 2010

Market Forecast -June 2010

Posted on16. Jun, 2010 by .

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LA South Bay Real Estate Market Forecast June 16, 2010 Volume 7, issue 6 Summary of May’s Data The government incentive programs have basically come to an end and the market now must prove that it can continue its current uptrend on its own. Preliminary data indicates that the current demand for housing in the [...]

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Market Forecast – May 2010

Market Forecast – May 2010

Posted on19. May, 2010 by .

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LA South Bay Real Estate Market Forecast May 19, 2010 Volume 7, issue 5 Summary of April’s Data The Federal Home-buyer rebate Incentive program ended at the end of April. The question that now remains on everyone’s mind is can the current up trend continue absent this additional assist. April’s sales volume came in slightly [...]

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Market Forecast – April 2010

Market Forecast – April 2010

Posted on15. Apr, 2010 by .

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HTML clipboard LAsouthbayRealEstate.comBest viewed with Microsoft Internet Explorer View the Graphs and Indicators Summary of March’s Data A seasonal surge in sales volume that was hoped for after the seasonal low sales volume of December and January came into fruition. The increase in sales volume resulted in a drop in the Unsold Index even though [...]

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Market Forecast – March 2010

Market Forecast – March 2010

Posted on17. Mar, 2010 by .

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Best viewed with Microsoft Internet Explorer View the Graphs and Indicators Summary of February 2010 Data February is typically one the slowest months in terms of sales volume and came in at378 units sold up from January’s sold volume of 348 units sold in the LA South Bay.That was below the 502 unit mean value. [...]

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